Showing 1 - 10 of 138
FWD intent on expanding market share
Business, Nareerat Wiriyapong, Published on 21/09/2024
» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.
Analysts see continued baht decline this year
Business, Nareerat Wiriyapong, Published on 28/06/2024
» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
CGSI targets top 3 brokerage spot
Business, Nareerat Wiriyapong, Published on 11/05/2024
» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.
SET vows tougher rules on short selling, trading
Business, Nareerat Wiriyapong, Published on 23/02/2024
» The Stock Exchange of Thailand (SET) is planning to raise the market capitalisation requirement for securities eligible for short selling and triple the fines for violators of short selling rules.
Gulf Binance aims to be market leader
Business, Nareerat Wiriyapong, Published on 16/02/2024
» Gulf Binance Co, a joint venture between the world's largest crypto exchange and SET-listed Gulf Energy Development, aims to become the top player in Thailand's thriving digital asset exchange market within two years.
Baht to strengthen against US dollar
Business, Nareerat Wiriyapong, Published on 04/01/2024
» The baht could strengthen to 33 to the US dollar in the near term as the market is convinced the US Federal Reserve will start cutting interest rates by as early as March, bringing back fund inflows to the Thai currency.
Global slowdown threatens Thai growth
Business, Nareerat Wiriyapong, Published on 06/12/2023
» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.
Investors wary of SET potential
Business, Nareerat Wiriyapong, Published on 18/10/2023
» When the Stock Exchange of Thailand (SET) rebounded by 1.5% on Oct 11, with foreign investors buying nearly 3 billion baht worth of stocks, veteran investor Watchara Kaewsawang was in no rush to return to the market.
Analysts wary of SET proposal
Business, Nareerat Wiriyapong, Published on 14/10/2023
» Stock market analysts and investors have offered a lukewarm response to Prime Minister Srettha Thavisin's proposal for the Stock Exchange of Thailand (SET) to extend its trading hours, saying they are unsure how the idea will increase trading on the bourse.